MiMove

362 000 €

Apartment for sale in Madrid

Madrid

Listing agency: Gilmar

Facts & features

Property type
Apartment
Bedrooms
2
Bathrooms
2
Built area
53 m²
Price per m²
6 830 €/m²
Private pool
No
Reference
MIMOVE-15175-227596
MiMove ID
10913307
Listed
14/10/2026

What's special

In the heart of one of Madrid's most charming neighborhoods, Malasaña, we present a unique property that has already been divided into two independent studios. Both are exterior-facing and feature balconies overlooking a quiet pedestrian street, offering natural light and the tranquility you seek in the very center of the city. This unique opportunity, with a total built area of 47 m², stands out not only for its strategic location but also for its limitless renovation possibilities and high rental potential.

Imagine the possibility of renting out both studios separately, doubling your income options. Located in a historic building constructed in 1905, this property combines the allure of traditional architecture with the potential to adapt it to modern needs. While it currently does not have an elevator, the competitive price for the area more than makes up for this feature, making it an affordable investment in one of the most sought-after areas of the capital.

Malasaña is synonymous with culture, bohemian life, and an unparalleled culinary scene. This Madrid neighborhood is the epicenter of new trends and creativity, while still preserving traditional charm in every corner. Less than 10 kilometers away, you'll find renowned educational institutions such as Colegio Santa María del Carmen, and iconic commercial spaces like the Mercado de San Ildefonso and Gran Vía, home to internationally recognized shops.

In terms of transportation, this property boasts exceptional connectivity. The Noviciado metro station (Line 2) and Tribunal station (Lines 1 and 10) are just minutes away on foot, providing easy access to the rest of the city. For those who prefer buses, lines like M2 and 147 are readily available. In addition, the Recoletos and Sol commuter train stations ensure seamless connections not only within Madrid but also with the broader regional network.

This is the perfect opportunity to renovate, personalize, and capitalize on a property in an area where demand is consistently high. It's an ideal product for seasoned investors or those looking to make their first ventures into the high-yield real estate market.

Since 1983, GILMAR has stood out as much more than a real estate agency. We are committed to helping you find the home of your dreams by understanding your needs, offering expert advice, and connecting you with the very best options the market has to offer. Provide reference number 227596, and we’ll be delighted to assist you.

Enquire about this home at https://mimove.com/property/apartment-for-sale-in-madrid-madrid-10913307/ — the agency answers through MiMove.

Featured

362 000 €

Apartment for sale in Madrid

Madrid

  • 2beds
  • 2baths
  • 53 m²built
  • Apartment
  • Spain
  • No plot
  • 6 830 €/m²
  • EPC pending
  • No pool

What's special

In the heart of one of Madrid's most charming neighborhoods, Malasaña, we present a unique property that has already been divided into two independent studios. Both are exterior-facing and feature balconies overlooking a quiet pedestrian street, offering natural light and the tranquility you seek in the very center of the city. This unique opportunity, with a total built area of 47 m², stands out not only for its strategic location but also for its limitless renovation possibilities and high rental potential. Imagine the possibility of renting out both studios separately, doubling your income options. Located in a historic building constructed in 1905, this property combines the allure of traditional architecture with the potential to adapt it to modern needs. While it currently does not have an elevator, the competitive price for the area more than makes up for this feature, making it an affordable investment in one of the most sought-after areas of the capital. Malasaña is synonymous with culture, bohemian life, and an unparalleled culinary scene. This Madrid neighborhood is the epicenter of new trends and creativity, while still preserving traditional charm in every corner. Less than 10 kilometers away, you'll find renowned educational institutions such as Colegio Santa María del Carmen, and iconic commercial spaces like the Mercado de San Ildefonso and Gran Vía, home to internationally recognized shops. In terms of transportation, this property boasts exceptional connectivity. The Noviciado metro station (Line 2) and Tribunal station (Lines 1 and 10) are just minutes away on foot, providing easy access to the rest of the city. For those who prefer buses, lines like M2 and 147 are readily available. In addition, the Recoletos and Sol commuter train stations ensure seamless connections not only within Madrid but also with the broader regional network. This is the perfect opportunity to renovate, personalize, and capitalize on a property in an area where demand is consistently high. It's an ideal product for seasoned investors or those looking to make their first ventures into the high-yield real estate market. Since 1983, GILMAR has stood out as much more than a real estate agency. We are committed to helping you find the home of your dreams by understanding your needs, offering expert advice, and connecting you with the very best options the market has to offer. Provide reference number 227596, and we’ll be delighted to assist you.

27 days on MiMove| |

MiMove last checked:
9 days ago
Listing updated:
1 November 2026 at 14:15
Listed by:
Gilmar
Source:
Agency feed, Ref: MIMOVE-15175-227596| MiMove ID: 10913307

Facts & features

Interior

Rooms
Bedrooms2
Bathrooms2
Area
Built area53 m²
Price per m²6 830 €/m²

Property

Plot
Plot sizeNone
Private poolNo
Type
Property typeApartment
Listing typeApartment for sale

Energy

Energy ratingIn progress
CertificatePending

Location

AreaMadrid
Province / region--
CountrySpain
Coordinates40.42573, -3.69504

Listing details

Reference
MiMove ID
Listed14/10/2026
Last updated01/11/2026
Photos1
FeaturedYes

Price history

DateEventPrice
14/10/2026Listed for sale362 000 €6 830 €/m²

Market comparison

Location

Approximate location: the property is within about 2.5 km of the centre of the circle.

In Justicia. See every property in Justicia

Listing agency

Gilmar

Gilmar

Contact this agency through the form

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Gilmar

Gilmar

Contact via the form

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This home

6 830 €/m²

Justicia median

8 041 €/m²

183 listings in this neighbourhood

Difference

-15%

below the local median

6 495 €/m²middle half of asking prices11 111 €/m²

Homes of 53 m² in Justicia ask 344 000 € to 589 000 € (median 426 000 €).

Asking prices of 183 listings currently on MiMove in the same neighbourhood, same sale type. A comparison, not a valuation.